Bitcoin to $1 Million? - Rational Educational Videos and Articles

It has been predicted that bitcoin could reach $1,000,000 in value - John McAfee was reputedly the first to do so, predicting that price by the end of 2020. If you look around you can find the full spectrum of opinions on the future price of bitcoin - from $0 to $1,000,000+ and everything in between. (I've even seen $100 Million!). Obviously no one knows for sure, but the future upside price of bitcoin is a topic worth examining and thinking about, wouldn't you say?

Before viewing these exciting educational videos and articles on the prospects for bitcoin, ponder this thought from the book THE MAGIC OF THINKING BIG:

"Successful people are just ordinary folks who have developed belief in themselves and what they do. Never--yes, never--sell yourself short...the size of your success is determined by the size of your belief."

Now even if you end up not being interested in bitcoin and cryptoassets as a potential wealth builder, I suggest you always remember this quote!

It also important to mention the extreme importance of critical thinking - in this day-and-age of social media where anybody can present ideas regardless of their truthfulness, it is an imperative that you think for yourself! (If you want a good book on this topic check out ELEMENTS OF CRITICAL THINKING: A Fundamental Guide to Effective Decision Making, Deep Analysis, Intelligent Reasoning, and Independent Thinking).

All right let's begin. Here is a short article from bitcoinist.com that is good to begin with, as it makes some great points in a concise manner.

Bitcoin (Not Gold) Remains Best Bet Against Debt-Based Fiat Ponzi Scheme

This article mentions "the debt-based Ponzi scheme central banks run with printed fiat currencies" that is one of the arguments put forth to explain the eventual mass adoption of bitcoin i.e. it will be the solution to this problem that all of this intractable debt is leading to.

An intriguing quote from this article for you to ponder:

"We believe bitcoin will be one of, if not the, largest network on the planet. We are in the middle of the greatest wealth opportunity … It’s beyond any of our imaginations"

Next a series of videos:

Will Bitcoin Reach 1 Million Dollars? Yes Here is Why!

Can Bitcoin Hit $1 Million ? - Realistically

Will Bitcoin Reach $1 Million Dollars? - Guarantee Almost

Will Bitcoin Reach $1 Million Dollars? Mainstream News Supports Bitcoin Fundamentals!

One would think that in order for bitcoin to increase in value it would become more and more "mainstream" as a source of payment and thus value. Here is the type of article that I find interesting in that regard: BitPay Says It Processed Over $1 Billion in Crypto Payments Last Year. Now while $1 billion is a lot of money, that number would likely need to go much higher (trillions perhaps) in order for bitcoin to be mainstream. But as the CEO of BitPay said, "“To process over a $1 billion for a second year in a row despite bitcoin’s large price drop shows that bitcoin is being used to solve real pain points around the world" Perhaps the trend is there...

Here is a very interesting article from a bitcoin veteran, who has seen the ups and downs and says: I'm As Certain As Ever, Bitcoins Revolution Is Only Just Beginning

"There are many parallels between bitcoin now and the internet in 1994. In 1994, the internet was just for hobbyists and hackers. I remember when I first used the Internet, the only things I could do were to buy diamonds and try to break into NORAD. There were very few uses. It took many years for the internet to become mainstream, but when it did, it transformed industries.

The long-term vision for bitcoin is to give the world economic emancipation. The potential if bitcoin is only limited by the imaginations of the entrepreneurs who work to drive this new virtual economy. To monitor and keep it honest, I believe that the community of users will ultimately self-regulate, possibly eclipsing or obviating the need for the various governments to regulate the crypto world.

I’ve been through the ups and downs with bitcoin, and I am as certain as ever that the bitcoin revolution is coming.

It is here to bank the unbanked, to democratize economic opportunity and to reevaluate governance. I expect that it will change everything from the banks and the financial system to healthcare, to democracy, even the government."

Definitely worth thinking about, wouldn't you say?

Free Online Course (MOOC) on Bitcoin Given by Experts

I ran across a very interesting educational opportunity yesterday that I wanted to call your attention to. 

It is called Introduction to Digital Currencies and it originates at the University of Nicosia in Cyprus. You can delve into the details more by clicking on the link, but I wanted to give you the "Learning Objectives" to see if they suit your needs, before you took the time to do that.

After completion of the course students are expected to be able to:

• Understand the fundamental technology components of blockchain-based digital currencies, the process of currency issuance, proof-of-work and alternative consensus mechanisms, how they are applied and and how the distributed ledger is structured in it’s core.

• Understanding digital currency transactions, create their wallets, be able to acquire bitcoins, conduct transactions from a wallet, and understand the risks and options in keeping their coins reasonably safe.

• Understand more advanced uses of the blockchain such as escrow services, multisignature transactions, asset registration, attestation and smart contracts applications.

• Understand alternative blockchains to Bitcoin, such as alt-coins and Ethereum and IOU-based systems like Ripple.

• Understand what parallels and differences cryptocurrencies have with the existing monetary and banking systems, what approaches are the same and what are fundamentally different.

• Understand existing approaches by regulators globally, and the likely frameworks for regulating cryptocurrencies, and their interface with conventional finance, in the future.

• Be able to critically judge on their own, whether cryptocurrencies are disruptive innovations, and what hurdles, bottlenecks or avenues exist towards wider adoption, as well as the potential they present for leapfrogging infrastructure in developing nations and the potential they present for improving financial inclusion and economic development.

The course is taught by renowned Bitcoin experts Andreas Antonopoulos and Antonis Polemitis and includes 12 live online sessions. Antonopoulus is the author of the bestseller THE INTERNET OF MONEY. 

This looks like a great opportunity.

Getting Started on the Road to CryptoAsset Wealth - Mastering the Inner Game of Money

If you are like me and want to get on the road to cryptoasset wealth, you must first set yourself up for success by mastering the inner game of money. Have you noticed how there are people who win the lottery and then they lose it and end up back where they started? This is because they had a poor mindset towards money and so they were set up to lose. That is why I believe a person has to set themselves up for success with money first, before the wealth comes their way. That is the aim of this article, to set you up for success by helping you to create a most excellent mindset! You will profit greatly with time spent on the two books I am about to discuss.

I think the perspective towards cryptoasset wealth that is exemplified by my attitude of preparation sets me apart from all the other cryptoasset people out there.

The first book is called SECRETS OF THE MILLIONAIRE MIND: Mastering the Inner Game of Wealth. The overarching thesis of this book is that you have a "money blueprint" that is imprinted in your subconscious mind, and that it is this money blueprint that will determine our financial lives. You can know all about cryptocurrencies, but if your money blueprint is not set to a high level of success you will never have a lot of money, and if you do acquire it, you will lose it! Your money blueprint is holding you back!

The good news is that now you can actually reset your money blueprint to create natural and automatic success. 

 The second essential book for you to read and study is YOU ARE A BADASS AT MAKING MONEY: Mastering the Inner Game of Wealth. This book, like the previous one, emphasizes the concepts that financial abundance is an "inside job". She combines hilarious personal essays with bite-size, aha concepts that unlock earning potential and get real results. In this book you will learn:

• Uncover your particular limiting beliefs about money
• Give your doubts, fears and excuses the heave-ho
• Relate to money in a new (and lucrative) way
• Tap into your natural ability to grow rich
• Shape your reality - stop playing victim to circumstance
• Get as wealthy as you want to be

So there you have it - read and study these books in preparation for your accumulation of wealth. You will profit greatly!

In the mean time, while you are preparing for success, I recommend beginning to  harvesting cryptocurrencies (if you're not already) like bitcoin, ethereum, dash, litecoin, zcash, bitcoin cash for free, click on the links in the Noteworthy Cryptoasset/Investing section in the right sidebar. You can also earn free bitcoin at Clixcoin for viewing ads. 

I strongly recommend you click on the link for the CryptoTab mining browser and begin earning passive income in the form of free bitcoin just for using your browser!

Start claiming your free cryptoassets right now!